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Tiktok will be investigated in the United States

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TikTok is an application that has gained enormous popularity in a short time. Although from the beginning there has been a lot of criticism, especially for its treatment of privacy. The United States seems to have more suspicions, because an investigation into the application is announced. That is used if the same argument as before Huawei, the app is considered a threat to national security.

TikTok will be investigated in the United States

The origin in this case is that ByteDance bought Musical.ly for $ 1 billion two years ago. In this operation, ByteDance did not request authorization from the Committee on Foreign Investment in the United States (CFIUS).

Ongoing research

Many question why this investigation comes now and not two years ago. TikTok has become one of the most popular applications worldwide this year. A popularity that has caught many by surprise, so this magnitude of the application is now something that raises questions and concern. In addition, the application is making its way in the market.

Although it is not the first time that the application has had problems in the United States. This year they have already paid a fine for illegally collecting information from minors. So it's an app that was already being controversial in many ways.

On the other hand, it is speculated that there are more reasons. Since ByteDance was in the midst of its campaign to go public on the US market. So there may be more aspects to play in this matter. We will have to see if this investigation to TikTok has any effect on the app.

Editing by the editorial: The Tik Tok communication agency sends us the following message:

"While we cannot comment on the ongoing regulatory processes, TikTok has made it clear that our priority is to gain the trust of users and regulators in the United States. Part of that effort includes working with Congress and we are committed to doing it."

CNBC source

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